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Tom Lee from Fundstrat, who is about the most accurate predictor out there on the markets says covid is peaking and declining in Florida. "Burning hot and burning out" he says. Maybe I should buy more recovery stocks. Cramer was talking about buying MLM, Deere, UNP, Nuecor and American Tower...

Looks like the covid numbers are updated, and they are still low in comparison to last week.

Don't hold your breath. Fed is talking about tapering earlier, due to inflation. And the Fed isn't going to respond to one bad day.

Steve Weiss on Halftime Report just said he's shorting BABA. Chinese government really screwed the pooch, I think on purpose.

Got it. I forgot they made that change.

Am I missing something, because its much lower than the last three weekends. Are you saying they go back and update the numbers later?

If he's over 3%, you can go back and look and he'll explain why. You can see the weightings in the portfolio tab.

Would much rather look at the counts versus listen to the media.

Yeah, but he doesn't want any stock to be greater than 3% the value of the portfolio, and after the trim AMD will still be 2.4%. He told us to load up on this right before the big run.

You chart is missing the last three days, 170, 70 and 30k.

Correct me if I'm wrong, but covid counts are lower than they were a month ago. So if this keeps up, we should see a nice rally. Like Tom Lee called it, the "Everything Rally."

Will probably rally

Did US covid cases fall off of a cliff, or what? 150k three days ago, 70k yesterday, 30k today. Some models show it will start to fall this week. https://www.worldometers.info/coronavirus/country/us/ Like I said, I bought a ton of travel related stocks on Thursday in anticipation.

The Fed doesn't need to increase interest rates over 5.4%. Not sure where that came from. Treasury note demand is soaring. Not sure where you got that from, either. Treasury yields end mixed as 10-year bond auction produces `outstanding demand’ and U.S. inflation remains high Much of the...

When I saw the JPM article on recovery stocks, I loaded up. Maybe at too high a price on NCLH. Oh well, I'll be swinging it until it makes sense.

Watching Billions last night, the trader comes in and says he's never made such a big trade, and Wendy Rhoades says something very profound. Don't think of it as money to be lost (and fearful), think of it as bullets in a gun to be unloaded at a target. I need a Trading Psychologist of my own!

Your potential trades ideas for the week? Mine AMD seems to want 120 - swing trade opened Friday AMZN if it drops any lower Selected Airline and Hotel stocks (betting on a covid decline) - Swing trades opened Thursday

He's definitely not following what he preached. He's been selling out of fear since the start of the pandemic last year.

Man, I think I'd suck at account setup. I'd definitely look for a consulting company and sign up for six months. Most important part is to be able to monitor your account and make changes. That comes with someone going over it with you. They spent 2-4 hours a month with me on that. And then...

Sure wish I had money left to put into AMZN.

No day trading for me right now, am swing trading just about everything on the next week, all on the hopes that covid counts start to decline. 100% in on recovery stocks.

I used wordstream for over four years I think. I stopped using them when they sold off all accounts that don't spend 6k a month in SEO in one platform. Sometimes I spend more than that in google (last 30 days was like 8k), but when we get busy I turn it all off. They changed it so you had to...

I bought DIS at 110, let Mr Wonderful from Shark Tank talk me out of it, sold it, and rebought at 131 (until now). I try to not let Analysts talk me out of positions any more.

I bought a bunch of that when they announced they were streaming in the pandemic, still HODLing.

I just bought the stuff off the list that made sense to me. Already owned Wynn, bought MSGE, NCLH, HA, LYV and MCS. If covid is going to get whupped in the next two weeks, yeah, rally mode.

For Tmac. I own some of these names already.

They are talking about it on CNBC, people are shorting the crap out of it. So it doesn't matter. "Memory Winter is Coming" is what they opened with.

You gotta pay a cost to be the boss.

https://www.cnbc.com/2021/08/12/goldmans-reopening-stock-basket-hit-by-delta-fears-may-be-poised-to-rebound.html

Out of MLM and VMC with a 48% and 45 gain. Been in those like 10 months now, I don't think there's much more juice to squeeze from the infrastructure bill.

Its in the link. And I always look at the Analyst rankings. He's highly rated, and he only covers the chip and semi industry. So that's his full time job. If a guy is poorly ranked, I ignore him. Its sold off pretty hard today, and I'm just not that convicted. I own too many of these...

I've been sitting on these since Biden was ahead in the polls. So its been a good run up in anticipation. But now the dollars have to actually flow to those companies. Sometimes the story is better than the reality. Leaning towards selling.

So...is the materials trade over? Been in MLM and VMC for almost a year now. Bob Pisani was on talking about how the infrastructure should already be priced into these stocks. Up 48% and 45 respectively. Thinking of selling.

Out of MU after being in it a year. The Analyst that downgraded it has a stellar track record. Locking in a 30% gain. I'm in too many companies anyway. https://www.cnbc.com/2021/08/12/micron-stock-mu-downgrade-morgan-stanley-dram.html

Still working on my time machine.

When I lose 30-40k, I don't forget. That was a swing trade for me, what I should've done was pull out half and kept half. I could've pocketed the entire gain and played with house money.

I can top that. I had 15k in Moderna and sold it in the 150s, thinking it wouldn't go any higher. I did double my money, but damn! If you want to talk loss porn, that's pretty bad. Everytime I see the price go by on the ticker my blood pressure spikes.

I love how I hold WMT for almost a year, it doesn't move, I sell it, and then it jumps 7 points.

I don't see any signals to short, just signals to buy. Market right now seems to like the inflation numbers. I'm not shorting without confirmation. That was my retarded ass yesterday (I know better). https://www.cnbc.com/2021/08/11/cpi-report-july-2021.html

Tesla?